Zefiro Methane Corp. Chief Commercial Officer to Serve as Featured Speaker at United Nations COP29
November 12 2024 - 5:32PM
ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B)
(OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today
announced that the Company’s Chief Commercial Officer Tina Reine
will serve as a featured speaker at the United Nations’ 2024
Climate Change Conference (“COP29”) tomorrow, November 13th, at
3:40 PM GMT+4 in Baku, Azerbaijan. In addition to attending the
conference with Zefiro Founder and Chief Executive Officer Talal
Debs, Ms. Reine will lend her expertise to a COP29 Climate Action
Innovation Zone-sanctioned panel discussion entitled “Carbon
Markets Unleashed: Navigating Net Zero and With Carbon Removals and
Voluntary Strategies.”
Specifically, Ms. Reine will use her platform at COP29 to
underscore how Zefiro’s commitment to generating high-quality
carbon credits via permanently sealing abandoned and orphaned oil
and gas wells across North America aligns with the voluntary carbon
marketplace’s increasing demand for high-quality credits that make
an immediate, positive impact upon public health. According to the
latest expert estimates, there are millions of potentially noxious
unplugged oil and gas wells spread throughout the U.S., and the
projected cost to permanently seal these sites could be up to $435
billion. The Company’s profitable, nationwide oil and gas well
plugging operations have led to a number of landmark carbon credit
pre-sale agreements with a variety of institutional investors,
including EDF Trading and Mercuria Energy America, LLC.
Zefiro Founder and Chief Executive Officer Dr. Talal Debs
commented, "From established commercial titans and government
leaders to aspiring entrepreneurs and change-makers, COP29
attendees are not just talking about the future – they are helping
actively shape it. Confronting our most pressing environmental
remediation challenges will require a vast arsenal of public and
private sector solutions, and we cannot wait to share our Company’s
forward-thinking approach to reducing methane emissions across the
globe with a unique audience of leading public policy and
commercial influencers."
Zefiro Chief Commercial Officer Tina Reine commented, "Now more
than ever, the voluntary carbon marketplace is seeking
field-tested, results-oriented solutions that actually push
countries and commercial entities alike closer to achieving their
ambitious net-zero targets. Only tangible, verifiable initiatives
will progress beyond this industry-wide inflection point, and
Zefiro’s innovative blueprint for comprehensive methane abatement
operations is aligned with the kinds of bold leaps forward that our
collective global community needs to forge a cleaner, more
sustainable future."
Ms. Reine’s official participation at COP 29 is the latest in a
series of high-profile appearances and speaking engagements that
have bolstered the Company’s position as a methane abatement sector
thought leader. These opportunities have ranged from members of
Zefiro’s senior leadership team hosting an event and participating
in a number of sanctioned panel discussions at NYC Climate Week
2024, to Ms. Reine featuring as a panelist at the 2024 Argus Europe
Carbon Conference, to Zefiro Board Member Catherine Flax addressing
attendees of the 2024 Wall Street Green Summit.
About Zefiro Methane Corp.
Zefiro is an environmental services company, specializing in
methane abatement. Zefiro strives to be a key commercial force
towards Active Sustainability. Leveraging decades of operational
expertise, Zefiro is building a new toolkit to clean up air, land,
and water sources directly impacted by methane leaks. The Company
has built a fully integrated ground operation driven by an
innovative monetization solution for the emerging methane abatement
marketplace. As an originator of high-quality U.S.-based methane
offsets, Zefiro aims to generate long-term economic, environmental,
and social returns.
On behalf of the Board of Directors of the Company,
ZEFIRO METHANE CORP.
“Talal Debs”
Talal Debs, Founder & CEO
For further information, please contact:
Zefiro Investor Relations1 (800) 274-ZEFI
(274-9334)investor@zefiromethane.com
For media inquiries, please contact:
Rich Myers - Profile Advisors (New York)media@zefiromethane.com
+1 (347) 774-1125
Forward-Looking Statements
This news release contains “forward-looking information” within
the meaning of applicable Canadian securities legislation.
Forward-looking information is often, but not always, identified by
the use of words such as “seeks”, “believes”, “plans”, “expects”,
“intends”, “estimates”, “anticipates” and statements that an event
or result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. In particular, this news
release contains forward-looking information including statements
regarding: the Company’s intention to reduce emissions from
end-of-life oil and gas wells and eliminate methane gas; the
Company’s partnerships with industry operators, state agencies, and
federal governments; the Company’s expectations for continued
increases in revenues and EBITDA growth as a result of these
partnerships; the Company’s intentions to build out its presence in
the United States; the anticipated federal funding for orphaned
well site plugging, remediation and restoring activities; the
Company’s expectations to become a growing environmental services
company; the Company’s ability to provide institutional and retail
investors alike with the opportunity to join the Active
Sustainability movement; the Company’s ability to generate
long-term economic, environmental, and social returns; and other
statements regarding the Company’s business and the industry in
which the Company operates. The forward-looking information
reflects management’s current expectations based on information
currently available and are subject to a number of risks and
uncertainties that may cause outcomes to differ materially from
those discussed in the forward-looking information. Although the
Company believes that the assumptions and factors used in preparing
the forward-looking information are reasonable, undue reliance
should not be placed on such information and no assurance can be
given that such events will occur in the disclosed timeframes or at
all. Factors that could cause actual results or events to differ
materially from current expectations include, but are not limited
to: (i) adverse general market and economic conditions; (ii)
changes to and price and volume volatility in the carbon market;
(iii) changes to the regulatory landscape and global policies
applicable to the Company's business; (iv) failure to obtain all
necessary regulatory approvals; and (v) other risk factors set
forth in its Prospectus dated April 8, 2024 under the heading “Risk
Factors”. The Company operates in a rapidly evolving environment
where technologies are in the early stage of adoption. New risk
factors emerge from time to time, and it is impossible for the
Company’s management to predict all risk factors, nor can the
Company assess the impact of all factors on Company’s business or
the extent to which any factor, or combination of factors, may
cause actual results to differ from those contained in any
forward-looking information. Forward-looking information in this
news release is based on the opinions and assumptions of management
considered reasonable as of the date hereof, including, but not
limited to, the assumption that general business and economic
conditions will not change in a materially adverse manner. Although
the Company believes that the assumptions and factors used in
preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such
information. The forward-looking information included in this news
release is made as of the date of this news release and the Company
expressly disclaims any intention or obligation to update or revise
any forward-looking information whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Statement Regarding Third-Party Investor Relations
Firms
Disclosures relating to investor relations firms
retained by Zefiro Methane Corp. can be found under the Company's
profile on SEDAR+ at www.sedarplus.ca/.
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